Genesis 41:42 Then Pharaoh took his signet ring off his hand and put it on Joseph’s hand; and he clothed him in garments of fine linen and put a gold chain around his neck.
Taking a ring which is a symbol of your power and authority and giving it to another person is a very public show of your support for them.
We can trace this act throughout history signifying a passing on of authority, power or grace and favour.
If we are willing to forsake all in favour of God and His glory; we may well find we are set in good stead in this world as well.
Standing up for what is right and just goes a long way to encourage others to support you.